10
Dec
15:47
Turkish mill ceases output on 'legal issues': sources
Iskenderun-based rebar steelworks Nursan has ceased production owing to alleged legal issues, according to a host of Turkish steel market participants surveyed by Kallanish.
All trading and mill sources spoken to say the 1.5 million/year capacity rebar producer is experiencing “… legal issues,” while some report it has entered bankruptcy. However, only a week ago it was heard to have purchased a sizeable tonnage of scrap. Nursan did not respon…
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Anonymous
Very good overview of the weekly steel market.
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